Book value of the assets

Book value, a measure of assets minus liabilities, rose to $59.94 a share at the main business, from $54.63 on March 31.

第二季度，主要业务帐面价值（Book value，帐面价值指的是股票实际的资产价值，也就是公司的总资产净值除以发行股票数量后所得出的值）由3月31日的54.63美元，上涨至59.94美元。

While his early handling of the crisis was good, he has balked at selling assets for less than book value, even though the bank’s shares have for some time traded at a steep discount to that measure.

尽管他早期应对危机的手段高明，他没有因账面减值而售卖资产，但是持股人在一段时期在损失激增的情况下抛售股份，以应对他的措施。

Buffett's preferred measure of Berkshire's performance is the growth in its book value, which is a calculation of the company's assets minus its liabilities.

巴菲特倾向于用净资产的增长率来衡量伯克希尔公司的经营业绩，净资产指用公司的资产减去公司的负债。